Express

World's Second Largest Bitcoin Mining-Machine Manufacturer Looks To Go Public In U.S.

Ramsey Baker

Summary: The world’s second largest Bitcoin mining-machine manufacturer, Canaan, has officially filed for a U.S. initial public offering. The company based in Hangzhou, China has listed their offering size at $400 million in it’s filing with the U.S. Securities and Exchange Commission (SEC), however this amount is more than likely just a place holder and will ...

The world’s second largest Bitcoin mining-machine manufacturer, Canaan, has officially filed for a U.S. initial public offering.

The company based in Hangzhou, China has listed their offering size at $400 million in it’s filing with the U.S. Securities and Exchange Commission (SEC), however this amount is more than likely just a place holder and will eventually change. Canaan tried a listing in Hong Kong last year before the listing eventually lapsed in November.

By Ramsey Baker

  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 5 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 11 days ago
  • You need to login to comment.